• Loading stock data...
Wednesday, July 24, 2024
Join us this September for Tuned In Request to Attend

Liverpool Returns to Profit After Two Straight Years of Losses

  • Liverpool reported a $128.8 million revenue increase to $714.9 million.
  • The club posted a before-tax profit of $9 million.
Liverpool players celebrate after a goal.
Liverpool FC

Liverpool has returned to profit for the first time since the 2018-19 financial period — just as it looks for possible investors.

The Premier League club reported a $128.8 million increase in revenue to $714.9 million for the period ending May 31, 2022, with a before-tax profit of $9 million. 

Following the 2018-19 profit of $50.6 million, Liverpool posted losses of $5.8 million and $55.4 million for the 2020-21 and 2019-20 periods, respectively. 

Media revenue fell $6 million to nearly $314 million, which was attributed to the longer 2019-20 season. 

Commercial revenue increased $34.9 million to $297 million thanks to “strong growth in partnerships and the reopening of non-matchday operations with the global retail stores and stadium tour and museum centre [sic].” Eight new partnerships were struck during the period, and the team renewed its deal with EA Sports.

Meanwhile, matchday revenue jumped $99.8 million due to the return to full capacity. 

Earlier this month, Liverpool principal owner John W. Henry clarified that while Fenway Sports Group isn’t selling the club outright, it is talking with investors about a possible minority stake sale. 

RedBird Capital Partners, which bought an 11% stake in FSG in 2011 for $640.7 million, has reportedly held talks with FSG on increasing its stake.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Premier League, LaLiga, Unions to FIFA: There Are Too Many Games

Soccer groups say FIFA has abandoned player welfare by chasing profits.

WNBA All-Star Weekend Signals League’s Growth, Delivers Action

The WNBA All-Star weekend was a showcase of the league’s rise driven by rookies.
Hosts of Inside the NBA on TNT

TNT Sports’ Parent Moves to Keep NBA Rights Despite Financial Woes

Warner Bros. Discovery is attempting to make good on its bid to retain NBA rights.
An artistic rendering of the new proposed Everton stadium in Liverpool.

Déjà Vu: Everton Loses Takeover Bid From U.S. Investor

The Premier League club is back on the hunt for a new owner.
podcast thumbnail mobile
Front Office Sports Today

NFL’s 18-Game Season & Contract Holdouts, Olympics’ Newest Sport

0:00

Featured Today

The FTC Noncompete Ruling Could Change MMA As We Know It

Fighters could see their options—and earnings—grow.
July 21, 2024

O No Canada: The Next Big Sports Betting Scandal Could Erupt North of the Border

‘It’s open-season for match-fixing up there.’
July 20, 2024

The Road to the Return of ‘EA Sports College Football’

This summer, the biggest development in college sports is virtual.
Apr 15, 2024; Brooklyn, NY, USA; Caitlin Clark poses with WNBA commissioner Cathy Engelbert after being selected with the number one overall pick to the Indiana Fever during the 2024 WNBA Draft at the Brooklyn Academy of Music.
July 16, 2024

Women’s Sports Merch Is a $4 Billion Market, but Supply Isn’t Meeting Demand

Retailers can’t make women’s sports apparel fast enough.
Oct 27, 2023; Sacramento, California, USA; A general of the Sacramento Kings logo on the court before the game against the Golden State Warriors at Golden 1 Center.

How Sports Went From Private Equity Punchline to Coveted Asset Class

Once an industry punchline, sports are now a coveted asset class.
DraftKings
February 16, 2024

DraftKings Trends Toward the Black, Buys Lottery App

The sports gambling giant continues to narrow its losses.
April 2, 2024

Silver Lake to Take Endeavor Private, Ending Tough Stock Market Run

Private equity giant Silver Lake is set to acquire the remaining shares it didn’t already own.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
Exterior of Nike Company Store
February 16, 2024

Nike to Lay Off 2% of Its Workforce in Cost-Savings Effort

The sportswear giant hinted at staff cuts in a December earnings call.
February 7, 2024

ESPN DTC to Debut by Fall 2025, but Streaming Alliance Hastens Market Entry

Date set for stand-alone version of network, but new joint venture will beat that by a year.
January 22, 2024

They Make Sports Balls—and They Could Be Worth Almost $9 Billion

Amer Sports looks to raise as much as $1.8 billion in the public markets.
A view of a FanDuel sportsbook location.
January 18, 2024

FanDuel Strengthens U.S. Dominance Ahead of NYSE Debut

Flutter posts strong financial results as NYSE shares are set to debut Jan. 29.